Jobs Recovery: Slow to Never

Jobs Recovery: Slow to Never

42% of execs surveyed say their company’s employment level is up over this time last year.

Few tech companies have returned to staffing levels seen before the economic downturn, says KPMG, and many organizations may never match their headcounts from the mid '00s. More encouraging: Executives anticipate increased spending on R&D, a strong M&A market, and greater revenues. Among nations expected to enjoy robust growth, the U.S. is at the head of the pack – up from third place a year ago. "Technology executives clearly see a sustained recovery and a strong appetite for technology related purchases by U.S. companies and consumers, which has helped raise the position of the U.S. market," says Gary Matuszak, partner, global chair and U.S. leader for KPMG's technology, communications and entertainment practice. "They also intend to take advantage of their strong liquidity and cash positions by investing in emerging technologies and new business models, like cloud computing." More than 100 senior/C-level executives in the tech industry took part in the research. For more about the survey, click here.